10/05/2024

Electric Ireland To End Supply For NI Homes

Electric Ireland has announced its intention to pull out of the domestic energy market in Northern Ireland.

The energy supplier said that following a strategic review, it intended to focus exclusively on the business market and "no longer serve the residential market".

While there currently is no timeline for when this will occur, Electric Ireland has said that it will continue to supply and support their residential customers during the transition.

In a statement released on their website, Electric Ireland, said: "This will involve working collaboratively with key stakeholders, including the Utility Regulator, and with our residential customers to ensure a managed approach. During the process, Electric Ireland will continue to supply our c.53,000 residential customers, equating to c.6% of the market.

"We understand and appreciate that this news may be unsettling for some customers and so it is important to stress that there is no immediate change. There will be no interruption in supply to Electric Ireland customers and they do not need to take any action. Electric Ireland will contact them directly in due course.
News Image
"Electric Ireland's staff supporting residential customers in Northern Ireland have been briefed and there are no immediate job losses planned. We will continue to engage with and support staff and customers throughout this transition."

Responding to the announcement, Alliance Economy spokesperson, David Honeyford MLA, expressed concern over what this means for customers and employees.

Electric Ireland is the third-largest supplier in Northern Ireland, and has over 50,000 domestic customers.

The Lagan Valley MLA has said: "This announcement will inevitably come as a shock to many, and raises a number of very serious concerns. Both in terms of what this means for Electric Ireland's customer base in Northern Ireland, but also for their employees based here as well.

"It is worrying to see any kind of competition removed from the energy market here, and we must get reassurance from the Utility Regulator that EI's removal will not lead to anything approaching a monopoly, which could be a disadvantage to both the public and potentially also businesses operating from domestic premises too.

"We must now see the incoming Economy Minister take swift and urgent action to ensure the rights of workers and consumers are upheld at every juncture going forward, that their interests are protected, and that they're adequately supported through this transition to come."

Related Northern Ireland News Stories
Click here for the latest headlines.

21 June 2024
Drugs Seized In Derry City & Strabane Area
Police have seized suspected Class A, B and C drugs, along with a substantial sum of cash, during several searches in the Derry City & Strabane area. On Thursday 20 June, Tactical Support Group officers carried out searches on behalf of the District Support Team (DST) and assisted by Neighbourhood colleagues.
01 September 2022
Electric Ireland Announces 29% Electricity Price Increase
Electric Ireland has announced plans to increase its residential electricity bills in Northern Ireland by 29% from 1st October 2022. This equates to an increase of approximately £5.29 per week on the average residential electricity bill.
01 April 2022
Electric Ireland Announces 30% Price Increase
Electric Ireland has announced a 30% price increase from 01 May, which will see the average residential electricity bill rise by approximately £4.21 per week.
30 November 2004
Tasers 'lethal' and 'prone to abuse,' claims report
More than 70 people in the US and Canada have died after being shocked with ‘taser’ weapons similar to ones currently being considered for use by the PSNI and UK police forces, says a new Amnesty International report released today.
13 October 2015
Electric Ireland Enters NI Electricity Market
Electric Ireland, part of ESB, has entered into the Northern Ireland electricity market, and has also pledged to create 45 new jobs. A total of 30 new jobs are already in place, and the firm plans to create another 15 in early 2016. The plans are part of a £5 million investment.